One of my favorite methods of buying securities is using what I call 'Guerrilla Trading', when a stock has taken a huge beating and its been left for dead, enter the 800 lb. Gorilla. This isn't taking a chance on a falling knife, rather, identifying a stock that you've been hunting from afar then when the moment strikes, you swing in from the jungle vine.
As always we are on the search for the best National CD rates, this week the winner goes to TriState Capital Bank with a 6 Month CD offer at 1.9% APY, and there's a few others worth mentioning.
Today, July 13th is all about Goldman Sachs (NYSE:GS) and thanks to an insightful upgrade by Meredith Whitney, Goldman shares are lifting the equity markets. Expecting the U.S. economy to deteriorate? So is Whitney, and as things get worse for everyone, Goldman is going to come to the rescue.
Second Quarter 2009 Earnings Season starts up this Wedensday with Alcoa Inc. (NYSE:AA) leading the pack, and after the horrible week we had last week, investors are hoping for signs or clue about any type of end to the recession. What type of guidances will we see from companies this coming week, will the revenue forecasts begin to improve or will we see more of the same?
